FedEx Corporation Dividends
The next dividend date for FedEx Corporation has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for FedEx Corporation (FDX)
More About FedEx Corporation
FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally. It operates through Federal Express and FedEx Freight segments. The company offers transportation services, including express, freight, less-than-truckload freight, and time-specific freight-shipping; and small-package ground delivery services. It also provides e-commerce and digital solutions; dataworks; printing and shipping management, including digital printing, professional finishing, document creation, design solutions, direct mail, signs and graphics, custom-branded boxes, copying, computer rental, free Wi-Fi, corporate print solutions, shredding, expedited U.S. passport processing and renewal, and digital notarization; packing services, as well as packing supplies and boxes; document and business services; and retail access for package transportation. In addition, the company offers logistics services, air and ocean freight-forwarding and cargo transportation, specialty transportation, customs brokerage and clearance, trade management tools and data, and door-to-door solutions; and third party logistics and supply chain management solutions, such as inbound logistics, warehousing and distribution, fulfillment, contract packaging and product configuration, systems integration, returns process and disposition, test, repair, refurbishment, and product liquidation. Further, it provides sales, marketing, administrative, information technology, and back-office support services. FedEx Corporation was founded in 1971 and is headquartered in Memphis, Tennessee.
Owning FedEx Corporation Stock on the Dividend Date
If you own FedEx Corporation stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of FedEx Corporation stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of FedEx Corporation stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying FedEx Corporation stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the FedEx Corporation dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Owning FedEx Corporation Options on the Dividend Date
Unlike the stock price, which will normally have an abrupt decrease by the amount of the dividend on the ex-dividend date, option prices typically do not reflect the same phenomenon.
The reason is that in the time leading up to the ex-dividend date, that projected drop in FedEx Corporation stock price from the dividend is already baked into FedEx Corporation option prices.
That means the prices of call options that overlap the FedEx Corporation ex-dividend date typically go down in the period leading up to the ex-dividend date.
The prices of put options that overlap the FedEx Corporation ex-dividend date typically go up in the period leading up to the ex-dividend date.
Owners of FedEx Corporation call options do not receive the dividend, even if they own the options on the ex-dividend date. Owners of FedEx Corporation put options are not responsible to pay the dividend, even if they own the options on the ex-dividend date.
Learning More FedEx Corporation Dividends
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